Current Events > How do we bring back manufacturing?

(+) Yeah! (+)

I keep hearing we should bring back manufacturing to America. But how do we bring back manufacturing from china?

Buy China

---

the companies who can afford to manufacture in China may not be able to afford it here. so it may take new companies or certain bigger ones that can afford it.

So it probably won't happen.

---

Pay people a decent wage with reasonable work conditions.

---

It's never going to happen

They'll move it from China to some other country if we crack down on China

They have tons of countries in Africa to open up their plants.

It aint going to happen when you can do the same work in other countries paying workers $1 a day.

---

Easy
Remove minimum wage, child labor laws and pollution regulations in the US.

---

Once we do that can we bring sexy back

@timberlake

---

Manufacturing does exist in the United States. Some things can't be made cost effectively in china once you take shipping into account and other things you simply have a significant advantage when you can deliver in a few days when it takes weeks to get the product from China.

---

democratize 3d printing and related technologies and loosen regulations to reduce the barrier to entry for small players

---

uwnim posted...

Manufacturing does exist in the United States. Some things can't be made cost effectively in china once you take shipping into account and other things you simply have a significant advantage when you can deliver in a few days when it takes weeks to get the product from China.

Companies are really going to have to take a pretty big hit by localizing the workforce instead of outsourcing.

---

The goal is not to bring back every job but to bring back enough so that America is self-sustaining.

How about this:

1. Print Money. Lots of it, not just 2 Trillion. Printing money devalues the dollar by causing inflation. The consequences and benefits would be similar as reducing the minimum wage. People wont know they are taking a pay-cut regardless if we have a $15 minimum wage or not.
2. UBI. Basic Income would subsidize labor costs. And that money would recirculate back into paying rent and housing (a food)
3. Massive Infrastructure Plan. At-least half of America is empty with lots of vacant land. Expand by building roads, highways, high speed rail, dams, artificial rivers, and so forth. Lift regulations and incentivize 3D home printing. This allows the population to spread and migrate to cheaper rural areas where minimum wages become livable wages. Manufacturers would not be burdened with the high costs of operating in a metropolitan city.

cerealbox760 posted...

1. Print Money. Lots of it, not just 2 Trillion. Printing money devalues the dollar by causing inflation. The consequences and benefits would be similar as reducing the minimum wage. People wont know they are taking a pay-cut regardless if we have a $15 minimum wage or not.

brilliant really

though it would be important to also implement policy encouraging acceleration with respect to technological and logistical innovation so as to organically control real costs relative to that inflation

encouraging 3d printing mentioned is a start, but i'd go so far as to argue that the scope could be even more comprehensive with respect to encouraging homegrown innovation - multinationals should be competing on the same playing field as small shops domestically, without the compliance hurdles from which they often derive advantages

---